Newcastle, OK
Housing market overview · Updated weekly
$314,950median sale price
Homes sold
26
Last 12 weeks
Days on market
79
Average pace
Active listings
141
5.4 months supply
Sale-to-list
99.3%
Below asking
The Newcastle housing market is currently classified as a buyer's market with a median sale price of $314,950. Prices have risen 6.9% compared to last year, with homes spending an average of 79 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Newcastle?
The median home sale price in Newcastle is $314,950, up 6.9% from last year.
How long do homes stay on market in Newcastle?
Homes typically spend 79 days on market before going under contract.
Is Newcastle a buyer's or seller's market?
With 5.4 months of supply, Newcastle is currently a buyer's market.
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